2011-11-15T16:27:41+0000

November 15th, 2011 10:37:06 GMT.

BOE Gov King: Global economic uncertainty has increased

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Global outlook makes inflation undershoot more likely, spare capacity could make inflation slow quicker CPI will fall back to sharply over next 6 months and be  2% by end 2012. CPI would be under 2% barring VAT and energy effects

2011-11-15T10:37:06+0000

November 10th, 2011 12:01:05 GMT.

Bank of England leaves rates on hold

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…as expected rate maintained at 0.5%, leaves asset purchases at £275 bln Cable jumps to  a day’s high of 1.5945 on the BOE announcement, before settling back around 1.5935  

2011-11-10T12:01:05+0000

November 7th, 2011 04:41:33 GMT.

Sell GBP on Bank of England QE rumors

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The calendar is generally vacant this week but one event stands out – Thursday’s Bank of England decision. The strong consensus is that the MPC will stay on the sidelines after last month’s €75B increase to the Asset Purchase Program. … Continue reading

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